| Metric | Q1 2020 | Q4 2019 | Q1 2019 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $254M | $222M | $196M | 14.7% | 29.8% |
| Op. Income | $91M | $59M | $60M | 54.9% | 51.7% |
| Gross Margin | 42.7% | 33.7% | 38.7% | 9.0pp | 4.0pp |
| Net Margin | 18.3% | 5.4% | 7.4% | 12.9pp | 11.0pp |
| EPS (Diluted) | $0.82 | $0.21 | $0.30 | 290.5% | 173.3% |
| Free Cash Flow | -$19M | -$8M | $56M | -153.8% | -134.4% |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $91M |
| Interest Income | $565.0K |
| Interest Expense | $45M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $60M |
| EBIT | $91M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| REVENUE | $254M |
| Cost of Revenue | $146M |
| GROSS PROFIT | $108M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $17M |
| SG&A Expenses | $17M |
| Other Expenses | $0 |
| Operating Expenses | $17M |
| Cost & Expenses | $163M |
| OPERATING INCOME | $91M |
| Interest Income | $565.0K |
| Interest Expense | $45M |
| Other Income/Expenses | -$45M |
| INCOME BEFORE TAX | $47M |
| Income Tax Expense | $0 |
| Net Income from Continuing Ops | $47M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $47M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $47M |
| D&A | $60M |
| EBIT | $91M |
| EBITDA | $151M |
| EPS | $1 |
| EPS Diluted | $1 |
| Item | Amount |
|---|---|
| Net Income | $47M |
| Depreciation & Amortization | $60M |
| Stock-Based Compensation | $8M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $5M |
| Change in Working Capital | -$75M |
| OPERATING CASH FLOW | $44M |
| Capital Expenditure | -$63M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | -$63M |
| Net Debt Issuance | -$55M |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | -$6M |
| Other Financing Activities | -$2M |
| NET CASH FROM FINANCING | -$63M |
| FREE CASH FLOW | -$19M |
| Net Change in Cash | -$82M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $120M |
| Short-Term Investments | $0 |
| Net Receivables | $149M |
| Inventory | $10M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $290M |
| PP&E (Net) | $4.9B |
| Goodwill | $12M |
| Intangible Assets | $0 |
| Long-Term Investments | $2M |
| Tax Assets | $32M |
| Other Non-Current Assets | $75M |
| TOTAL NON-CURRENT ASSETS | $5.0B |
| TOTAL ASSETS | $5.3B |
| Account Payables | $22M |
| Short-Term Debt | $264M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $523M |
| Long-Term Debt | $969M |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $0 |
| TOTAL NON-CURRENT LIABILITIES | $2.7B |
| TOTAL LIABILITIES | $3.2B |
| Common Stock | $650.0K |
| Additional Paid-In Capital | $2.8B |
| Retained Earnings | -$352M |
| Treasury Stock | -$467M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $2.0B |
| Minority Interest | $0 |
| TOTAL EQUITY | $2.0B |
| TOTAL LIABILITIES & EQUITY | $5.3B |
| Total Debt | $3.2B |
| Net Debt | $3.1B |
